JBS (OTCMKTS:JBSAY) Shares Pass Below 50-Day Moving Average – Should You Sell?

JBS SA (OTCMKTS:JBSAYGet Free Report)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $14.44 and traded as low as $13.8950. JBS shares last traded at $14.44, with a volume of 259,253 shares traded.

JBS Price Performance

The business’s 50-day moving average price is $14.44 and its 200 day moving average price is $14.44. The company has a debt-to-equity ratio of 2.09, a current ratio of 1.60 and a quick ratio of 0.84.

JBS Company Profile

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JBS SA is a global leader in the meat processing industry, primarily engaged in the production of beef, pork and poultry products. Headquartered in São Paulo, Brazil, the company operates across the entire protein value chain, from livestock procurement and slaughtering to processing, packaging and distribution. Through its subsidiaries, JBS serves retail, food service and branded product customers in key markets worldwide.

The company’s extensive product portfolio includes fresh, frozen and processed meat products under various well-known brands.

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